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Home > News > Govt seeks $350m WB loan for energy sector > Govt seeks $350m WB loan for energy sector

Govt seeks $350m WB loan for energy sector [1]

The government has sought a loan of more than $350 million from the World Bank to boost its power sector and build pipelines to transmit natural gas to help ease its power crisis, a senior official said yesterday.

"We are almost in the final stage (of getting the loan approved) and the money will be utilised to implement a number of projects in the energy sector, including setting up a 300-megawatt (MW) power plant," a senior official of the Ministry of Energy said.

Publication Date: 
16/09/2008
New Age (Bangladesh) [2]
Tags:
Energy [3], World Bank [4], Bangladesh [5]
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[1] http://admin.indiaenvironmentportal.org.in/news/govt-seeks-350m-wb-loan-energy-sector
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/new-age-bangladesh
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/world-bank
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bangladesh